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Vodacom Group FY revenue rises 4.3% to ZAR 90.1 bln, customers up 5.8%, net profit dips
2019-05-13 09:52:00| Telecompaper Headlines
(Telecompaper) Vodacom Group said its revenue increased by 4.3 percent to ZAR 90.1 billion in the year ended 31 March. It ended the fiscal year with 110 million customers, up by 5.8 percent. Operating profit rose 1.1 percent to ZAR 24.51 billion, or 7.4 percent excluding a one-off, non-cash IFRS 2 charge of ZAR 1.4 billion and transaction costs of ZAR 124 million relating to the BEE deal. Net profit decreased slightly to ZAR 15.44 billion from ZAR 15.56 billion in 2018.
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Vodacom group revenue up 5.6% to ZAR 44.4 bln in H1
2018-11-12 08:50:00| Telecompaper Headlines
(Telecompaper) Vodacom Group revenue increased by 5.6 percent to ZAR 44.36 billion in the company's fiscal first half to 30 September. Service revenue rose by 6.1 percent to ZAR 36.77 billion, and EBITDA was up 4.7 percent to ZAR 16.47 billion. The group added 4.8 million customers in the six months, including 2.5 million in South Africa, 2.3 million in international operations and 373,000 at Safaricom, for a total base of over 109 million customers at the end of the period.
MTN Group H1 revenue rises 10% to ZAR 506 bln
2018-08-08 09:38:00| Telecompaper Headlines
(Telecompaper) MTN Group revenue increased by 9.7 percent to ZAR 505.67 billion in the first six months to 30 June from ZAR 432.28 billion in the same period in 2017. Service revenue increased by 10.2 percent, supported by growth in MTN Nigeria (up 17.0%), MTN Ghana (up 27.9%), MTN South Africa (up 2.9%) and MTN Uganda (up 8.8%). MTN Cameroon and MTN Ivory Coast reported 7.0 percent and 6.6 percent declines in service revenue respectively. Net profit increased to ZAR 73.39 billion from ZAR 40.64 billion in 2017.
Vodacom Group FY revenue grows 6.3% to ZAR 86.4 bln
2018-05-14 08:44:00| Telecompaper Headlines
(Telecompaper) Vodacom Group's revenue grew 6.3 percent to ZAR 86.4 billion in the year ended 31 March, while normalised growth, excluding currency translation effects, was 7.8 percent. Group service revenue increased 3.4 percent to ZAR 70.6 billion and was up 5.1 percent on an adjusted basis. Net profit rose 18.6 percent to ZAR 15.56 billion, boosted by the Safaricom acquisition and a profit from the sale of Helios Towers Tanzania.
Vodacom Group revenue rises 4.5% to ZAR 42 bln in H1
2017-11-13 09:15:00| Telecompaper Headlines
(Telecompaper) Vodacom Group has reported a 4.5 percent increase in revenue to ZAR 42.0 billion in the first half-year ending 30 September compared with ZAR 40.15 billion in the same period in 2016. The group added 4.3 million customers during the first half, 2.9 million in South Africa and 1.4 million in its international operations, to reach just over 71 million customers, up 11.8 percent. Group EBIT decreased 0.2 percent, and the EBIT margin decreased by 1.2 percentage points to 25.8 percent.